After intensive efforts I managed only spread and can concur...

First 6 Last

Share
Profile

Follow
MG.

3,915 Posts.

8

28/03/18

09:22

Post #: 32077678
Share

Originally posted by CGilenko23 ↑

This is going to be a seriously good listing - hearing it was 11/12 times oversubscribed. The current fundamentals for zinc is extremely positive and both the Veovaca and Rupice projects look fantastic - the drill hit from Rupice last year for 64m at 8.5% Zn, 5.1% Pb, 374g/t Ag, 2.3g/t Au, 1% Cu & 43% BaSO42 is a great example on the potential for the Adriatic to hold a world-class deposit.

For me Peel Mining (PEX) is a great comparable and at current valuations shows the short-term upside for ADT as it continues to drill and advance both Veovaca and Rupice, and its regional targets as well. Longer term this can turn into a seriously big project and the right management team to take this into production in a very efficient manner. Peter Bilbe joining reinforces that ADT holds the right mix of projects at the right time.

ADT has the scope to grow in a very quick manner and i am really looking forward to listing and seeing significant value being attributed to this company.

Expand

After intensive efforts I managed only spread and can concur with your post. Its 11 times over subscribed like Data Exchange. Now what price it may open no one knows even though expectations at the main broker is around 60c as sellers may not be there for too long.Will be interesting to see the performance of TAO, Data Exchange and ADT next month. All 3 are baggers the Q is how many baggers? Cheers

ADT Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

1 Great analysis

Reply

Top Stories

UM1

Unity Metals hits wide zone of gold at O'Phlay in Cambodia

Dale Gillham: Could this be the most misleading reporting season in years?

LISTEN: HotCopper's Penny Drop Podcast #1 – Uranium deals, PFS misses, & an Ebola opportunity

HotCopper Highlights, Week 30: American T&A acquisition, PolyNovo pressure, & Racura trials

OEC

Orbital Corporation completes AATI flight trials and additional orders received

Expert Exchange: The Kouk on Michelle Bullock's legacy as RBA Governor

LISTEN: HotCopper Wire Podcast #052 – A big, juicy gold megamerger

Expert Exchange: SpaceX plummets back down to earth after explosive IPO debut

RAU

Resouro Strategic lodges mining concession application for Novo Mundo gold project

KLV

Klevo Rewards advances stablecoin strategy with credit licence acquisition

First 6 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

After intensive efforts I managed only spread and can concur...

Top Stories

Unity Metals hits wide zone of gold at O'Phlay in Cambodia

Dale Gillham: Could this be the most misleading reporting season in years?

LISTEN: HotCopper's Penny Drop Podcast #1 – Uranium deals, PFS misses, & an Ebola opportunity

HotCopper Highlights, Week 30: American T&A acquisition, PolyNovo pressure, & Racura trials

Orbital Corporation completes AATI flight trials and additional orders received

Expert Exchange: The Kouk on Michelle Bullock's legacy as RBA Governor

LISTEN: HotCopper Wire Podcast #052 – A big, juicy gold megamerger

Expert Exchange: SpaceX plummets back down to earth after explosive IPO debut

Resouro Strategic lodges mining concession application for Novo Mundo gold project

Klevo Rewards advances stablecoin strategy with credit licence acquisition

Featured News